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Help London workers and locals be home owners: restrict multi-property buying.

Submitted on Sunday 24th July 2016

Published on Friday 29th July 2016

Current status: Closed

Closed: Sunday 29th January 2017

Signatures: 19

Tagged with

Individuals ~ UK

Petition Action

Help London workers and locals be home owners: restrict multi-property buying.

Petition Details

London house prices keep soaring, and only wealthy UK and foreign investors benefit as they buy up the capital, at prices only they can afford. Home owning is unattainable for locals and workers living in the capital, making renting their only option. Again, rents are high and saving to buy is hard.

Additional Information

Laws need to be put into place to restrict mass buying from wealthy individuals, as well control on companies.
London is driven by its workers/locals but house prices are causing people to leave to other cities. Plus those commuting into London are being pushed further out as the outskirts also become unaffordable.
This petition urges the Government implement laws to help more people become home owners in the Capital, and restrict the benefits to investors raking in ridiculous rental income!


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